High End Jewelry Store
- Florida
- Broward County
Asking Price: $ 2,500,000
Cash Flow: $225,000
Gross Revenue: $750,000
FF&E: $75000
Inventory: $2,000,000
Year Started: 1990
Business Description
This full service jewelry store has been a valued part of the community for over 40 years. They have an excellent reputation for quality items and excellent service. They have a huge selection of new fine jewelry as well as some one of a kind antique and collectable pieces. There is a jeweler on staff that can do repairs and customize pieces who will stay on with the new owner.
They have a fully robust website allowing for the extra income from online shoppers. They have a social media presence, but a new owner could be more active on social media to increase awareness and drive traffic. There is also an opportunity and demand for a new owner to expand into additional lines that are very popular but they don’t currently carry. The current owner is willing to stay on to help with a smooth transition.
Detailed Information
- Location: Florida
- Industries: Retail
- Real Estate For Lease: 2760
- Building SF: 1800
- Employees: 1
- Age of Business: 35
- Reason for Selling: Retirement
- Seller Financing: No
- Established After Year: 1990
- Real Estate for Lease: 2760